Mysore Urban Dev Authority to Develop Housing in JV with Land-holders

The Mysore Urban Development Authority (MUDA) has proposed to develop residential sites in about 1,000 acres of land by entering into a joint agreement with farmers and land-holders.

As the MUDA’s plan of developing sites at Ballahalli on the outskirts of Mysuru faced some hurdles, the MUDA has now identified 250 acres at Daaripura village in Jayapura hobli and 750 acres in Bommenahalli village in Yelwal hobli for developing layouts and claimed that ‘many farmers have agreed to join hands with it for developing sites under 50:50 ratio’.

MUDA Chairman Yashashwi S. Somashekar said he has apprised members about the progress made on the 50:50 ratio layout development project with farmers. “The farmers have started giving consent letters to us. The 50:50 ratio development will benefit farmers as they would get developed sites in return for their land. Each farmer will be given ?10 lakh as ‘advance’. They can return the money or the same can be adjusted against sites. On 1,000 acres, we can develop nearly 12,000 sites with 18 sites developed in an acre of land,” he said, adding that this will be the first 50:50 layout development by MUDA, if everything goes as planned.

A meeting on the layout development will be scheduled soon with the government as 50% of the consent letters have been obtained from farmers. The MUDA is ready to start the work even if it gets 100 acres under the joint venture, he said. The last time MUDA allotted sites was in 2017 at Lalithadripura. “We are confident of developing sites under 50:50 ratio, and alloting sites to the aspirants,” he said.